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President Donald Trump week Quartz highlights Wall Street Journal Fed Chair Musk claimed Tesla Disabilities Education Act Hampshire students participate

2025 January


The Fed is likely to hold interest rates steady as Trump calls for cuts

The Fed is likely to hold interest rates steady as Trump calls for cuts

After a series of three cuts toward the end of 2024, the Fed’s likely decision to hold steady reflects its cautious approach amid economic uncertainties and a landscape influenced by previous fiscal and monetary policies.


First-year college enrollment spiked 5.5% in fall 2024

First-year college enrollment spiked 5.5% in fall 2024

Shapiro addressed the research center’s methodological error during a call Wednesday with reporters.The erroneous preliminary report found that first-year enrollment had declined by 5% — over 10 percentage points lower than what the final data showed.


Bitcoin, Ether, Solana, Mantra, and more: Cryptocurrencies to watch this week

Bitcoin, Ether, Solana, Mantra, and more: Cryptocurrencies to watch this week

Last week, Trump signed an executive order that set the stage for industry-friendly regulations and a national cryptocurrency stockpile — key campaign promises he made to the industry.


Samsung’s AI phones, Databricks’ $10 billion, and Palona’s sales agent: This week’s AI launches

Samsung’s AI phones, Databricks’ $10 billion, and Palona’s sales agent: This week’s AI launches

The bank’s chief information officer Marco Argenti told CNBC that the program, called GS AI assistant, has been rolled out to 10,000 workers so far, and that the firm plans to give it to all bankers, traders, and asset managers by the end of the year.


Bankrupt Spirit Airlines is laying off 200 employees

Bankrupt Spirit Airlines is laying off 200 employees

“We are executing on plans to rightsize our organization to align with our current fleet size and level of flying and ultimately optimize our airline,” the ultra-low-cost carrier said in a statement shared with CNBC (CMCSA-0.07%).


Shark Tank’s Kevin O’Leary may soon own TikTok

Shark Tank’s Kevin O’Leary may soon own TikTok

“I’ve spoken to all the potential bidders, and it’s clear to me that Frank McCourt and Project Liberty are the team to get this done,” O’Leary said in a statement Thursday.


ESA programs getting underway in Alabama, Louisiana

ESA programs getting underway in Alabama, Louisiana

Funding for student accounts will depend on annual state appropriations and can be used for private school tuition and fees, tutoring, educational therapies, textbooks and curricula, dual enrollment courses, and uniforms.


Look inside the $68 million mansion that Ben Affleck and Jennifer Lopez can’t sell

Look inside the $68 million mansion that Ben Affleck and Jennifer Lopez can’t sell

Inside the mansion, residents have access to basketball and pickleball courts, a fully equipped gym, a boxing ring, a sports lounge, and a bar.


AI stocks to watch, Apple TV tries free, and the Chips Act scramble: Tech roundup

AI stocks to watch, Apple TV tries free, and the Chips Act scramble: Tech roundup

Nvidia (NVDA), Amazon (AMZN), Alphabet (GOOGL), and Apple (AAPL) could continue to be some of the biggest winners of the artificial intelligence-driven stock boom, David Dietze, senior portfolio strategist at Peapack Private Wealth Management, said in the latest episode of Quartz AI Factor, a video series set at the Nasdaq MarketSite.


Electric cars already won — in Norway

Electric cars already won — in Norway

Fully electric vehicles made up 88.9% of new cars sold in 2024, according to data released by the Norwegian Road Federation (OFV).


The South Korea plane crash is prompting multiple investigations

The South Korea plane crash is prompting multiple investigations

The crash took place at at Muan International Airport, near the southern tip of the country, when a Boeing (BA+0.25%) 737-800 operated by South Korean l0w-cost carrier Jeju Air skidded across the runway before igniting in a giant fireball.


OpenAI may become a for-profit because it needs ‘more capital than imagined’

OpenAI may become a for-profit because it needs ‘more capital than imagined’

“As we enter 2025, we will have to become more than a lab and a startup — we have to become an enduring company,” OpenAI wrote, adding that its plans “enable us to raise the necessary capital with conventional terms like others in this space.”